Razorguns
Well-known member
I am looking at long-term investing, i.e. 5 to 10 years.
I'm looking for diversification, especially ITE. (I'm already in the metals market, and have been for some time now.) Since the gold/silver market tends to an inverse proportionality with the stock market, this provides me with the opportunity to hedge my investments.
Beware. Diversification is that cool word scammers use to take your money and throw into crap that generates squat. Usually 'diverse=high risk'. Ask the millions who lost their savings being 'diverse' the past few years.
If you don't have privy information about a stock, you're just gambling as much as the next guy. If you wanna gamble and go high-risk, you could easily find yourself losing it all to some guy named Madoff with his powerpoint presentations who takes all your money, loses it but makes money from the transactions.
You're right. Metals is a great hedge against the falling dollar right now. I'm trying to move as much out of FRN as I can. No inside information, I just wanna be safe.
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